McDonald’s set for weak sales growth as US fast-food chains grapple with muted traffic

McDonald’s (MCD.N) is set to report a sequential drop in sales growth for the fourth straight quarter as low-income consumers remain hesitant about eating out even as fast-food chains battle to lure them with value menu items.

The burger giant will report first-quarter results on Tuesday, kicking off earnings for US restaurant chains, with top players such as Starbucks (SBUX.O) and KFC-parent Yum Brands (YUM.N) set to report results later in the week.

“We expect traffic to continue...